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Investment signal

$1,199,900

94 SYDENHAM STREET

Save this home

Beds

8

Baths

4 full + 1 half

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kingston (Central City East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Heritage Investment Opportunity in the Heart of Sydenham Ward. Rarely offered, this unique property includes two separate dwellings on one title-94 Sydenham St and 214 Johnson St-just steps to downtown Kingston and a short walk to Queen's University. Built in 1850, 94 Sydenham is a stately 3-storey Victorian showcasing classic red-brick charm, soaring 12-foot ceilings, and generous principal rooms. The home offers 6 bedrooms and 2.5 bathrooms, providing strong rental potential or flexibility for multi-generational living. At the rear, 214 Johnson is a well-maintained 2-storey brick home featuring 2 bedrooms, 1 full bath, a spacious kitchen and living area, plus the added convenience of an attached garage with automatic door. Professionally managed and extensively updated, including a new boiler (2018), renovated kitchens and bathrooms (2018), updated paint (2018), and a newer roof on 214 Johnson (2022). An exceptional opportunity for investors or owner-occupiers seeking a prime downtown location with multiple income streams and long-term upside. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
14 - Central City East
Lot dimensions
28.8 x 81.3 FT
Bedrooms
8 above grade
Parking
1 total
Stories
3
On market
Mar 19, 2026
Status changed
Apr 24, 2026
Annual tax
$10,396
Zoning
HCD3
Photos
20
MLS#
X12899658
Area
KINGSTON_(CENTRAL_CITY_EAST)

Features and systems

Parking

No Garage

Basement

FullPartial

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Brick

Foundation

Block

Community

School Bus

Utilities

SewerElectricityCable

Security

Smoke Detectors
Negative cash flow ~$1,294/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$239,980
Loan amount$959,920
Mortgage$4,864/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,864/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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